30 Apr, 2014, 09:00 ET
PARSIPPANY, N.J., April 30, 2014 /PRNewswire/ -- Hennion & Walsh, a provider of investment services and an advocate for individual investors, announces the launch of its SmartTrust® Zacks GARP Composite 35 Trust, Series 1, further expanding its suite of SmartTrust® Unit Investment Trust (UIT) portfolios. The new 15-month Trust is comprised of 35 equity securities selected by Zacks Investment Management, Inc. ("Zacks"), and seeks to provide investors with the possibility of above average total return (a total return that exceeds that of the S&P 500 Index over the life of the Trust).
Zacks, as the Trust's Portfolio Consultant, considered various criteria when selecting the securities for the portfolio, including such factors as earnings-per-share growth rates, price-to-earnings ratios, share buybacks, cash flow from operations and earnings surprises, and combined these criteria into a growth-at-a-reasonable-price (GARP) composite of 35 stocks.
"We are very excited to partner with Zacks to bring a total-return UIT strategy to market comprised entirely of equity securities and based on GARP security selection criteria," said Kevin Mahn, President and Chief Investment Officer, Hennion & Walsh Asset Management.
"We are pleased that SmartTrust is utilizing our decades of research experience and our quantitative investment approach to help investors reach their financial goals," added Mitch Zacks, Senior Portfolio Manager, Zacks Investment Management.
Total assets in SmartTrust's UITs grew by more than 168% from 2010 through April 28, 2014. SmartTrust now has 67 Trusts outstanding, with 16 of these Trusts currently available for purchase in the primary market.
About Hennion & Walsh
Hennion & Walsh, a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investor's fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 15,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com. Additional information on SmartTrust is available at www.smarttrustuit.com.
CONTACT: Melanie Blanco
Jennifer Connelly Public Relations
Logo - http://photos.prnewswire.com/prnh/20110111/NY22940LOGO
SOURCE Hennion & Walsh
Share this article